Orangekloud Technology to Invest $760,000 in Singapore-based Evvo Labs

MT Newswires Live

2024/10/18

Orangekloud Technology (ORKT) said Friday that it signed an agreement to invest 1 million Singapore dollars ($760,000) for a 3.2% stake in cybersecurity company Evvo Labs.

The investment will allow OrangeKloud to use Evvo Labs' cybersecurity capabilities to improve its digital transformation services, according to the statement. The companies said they expect the agreement to yield "positive synergies" for both parties.

Price: 6.97, Change: +0.03, Percent Change: +0.43

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